When you say "take into account previous losses" you forget that dilution is the net result. These losses weren't gouging existing retained earnings. Share price takes a dive but overall mkt cap remains the same because additional capital raises (assuming no debt) simply devalues existing shareholders.
To answer the previous question regarding my "pie in the sky" $2 estimate, lets just look at this as if it were a linear equation. Currently the company is doing ~$333k a month in sales. Estimates are that we are going to be doing ~$1mm a month in 2016 (and this does not include revenue from the big 3!). One would think that we are 3 times as valuable no? But due to economies of scale our margins should increase because our costs shouldn't go up 3 times so we are worth more than 3x. Then what value do you add for the increased visibility of the company. We are beginning to work with some large companies who have competitors and those competitors will be damned if they are at a disadvantage. For the longest time it seemed clear that Cryoport created a much better mouse trap. But the market didn't know about us or at the time felt that the old fashioned mouse trap worked just fine. We may have reached a tipping point where science shows that the old just isn't cutting it anymore. That tipping point could mean to investors that traditional P/E ratios are thrown out the window because explosive growth should not be compared to matured peers within the industry.
We are where we are because there aren't enough eyes on us. Glad to see Cranshire Capital Advisors dip their toe into the water and picked up 3.5mm shares. Retail investors are not going to get us out of this toilet bowl exchange.
Yes I understand that unexpired warrants and future capital raise(s) will devalue existing shares, but getting to break even shortly, partnerships with the crème de la crème of Domestic & International shippers, increased visibility in the market for both potential clients and institutional investors paints a very exciting picture. I didn't predict a 10 bagger, I thought 4x was definitely possible. Lets also remember that we hired a number of seasoned sales execs and the recent sales estimate we got was from existing clients excluding the big 3. Good chance this new sales team didn't bring on these clients and if they are worth a lick of salt they will be drumming up sales of their own. If I wasn't getting married shortly, and didn't buy a 130 yr old house that eats cash I would be doubling if not tripling up right now but I am a glutton. Just my opinion of course so tread carefully. I've made PLENTY of mistakes in the past but I DEFINITELY would NOT have thrown a quick slant from the 1 yard line with Marshawn Lynch in the backfield.
good luck all
